• XRP soars 40% after Trump includes it in the U.S. Crypto Strategic Reserve.
  • Elliott Wave analysts predict a potential price surge to $20 to $66.
  • Bulls must secure a multi-day close above $3 for further upside.

XRP has exploded in price, gaining 40% in two days, after U.S. President Donald Trump revealed plans to include XRP in the newly established U.S. Crypto Strategic Reserve alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA). The news sent XRP soaring past $3 before facing resistance, marking one of its most significant rallies in 2025.

Trump took to Truth Social , stating:

“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration.. XRP, SOL, and ADA will be part of this reserve, making America the global leader in crypto.”

With this unexpected bullish catalyst, XRP’s market sentiment has turned overwhelmingly positive, driving renewed investor interest.

Bulls Eye $5 as Key Resistance

XRP’s rally has pushed it into a crucial price zone. Analysts highlight $3 as the first major resistance level , with a break above this point potentially setting up a move toward $3.40 and $5, says $8 is the target.

Crypto analyst CasiTrades shared on X:

“Right now, we’re testing major resistance at $3, and this is the critical level to break for the next wave higher.”

However, technical indicators suggest caution. XRP has approached the upper Bollinger Band at $2.99, signaling potential overbought conditions. The MACD line has crossed above the signal line, confirming bullish momentum, but any failure to sustain buying pressure could lead to a pullback.

Key support levels are at $2.80, $2.53, and $2.07, with dip buyers expected to step in if prices retrace.

Will XRP Hit $5 As Token Rallies 40% After Trump’s Crypto Reserve Announcement? image 0  Source: TradingView  

Elliott Wave Theory Signals a Long-Term Explosion

Beyond the short-term rally, some analysts see XRP entering a much larger bull cycle. Market expert Egrag Crypto via an X(formerly Twitter) post  has applied Elliott Wave Theory to predict a possible long-term price explosion. The theory suggests that XRP completed Wave 1 after surging 510% in Q4 2024. Currently, Wave 2 is showing corrective movement, with analysts expecting a temporary drop below $1.77 before a recovery toward $3.70–$3.90.

The next phase, Wave 3, is typically the strongest in Elliott Wave Theory. Analysts estimate that if XRP follows historical patterns, the third wave could extend 1.618 times the length of Wave 1, potentially pushing XRP between $17 and $20.

A temporary correction in Wave 4 may stabilize prices around $6 to $7, before the final Wave 5 sends XRP soaring to a peak range of $20–$66. These targets depend heavily on market conditions and external catalysts, but investors are closely watching whether XRP will align with this cycle.

Bitcoin Maximalists Push Back as XRP Adoption Grows

Not everyone in the crypto space is pleased with XRP’s rising prominence . Economist Peter Schiff took to X handle to criticize Trump’s decision, questioning the rationale behind an XRP reserve.

“Bitcoin is digital gold; I get that. But why the hell would we need an XRP reserve?” – Peter Schiff 

Despite the backlash, industry leaders have defended XRP’s inclusion. Cardano founder Charles Hoskinson responded:

“Because XRP is great technology, a global standard, and has one of the strongest communities. I think the president made the right decision.”

Meanwhile, XRP’s open interest remains strong above $2 billion, indicating continued trader engagement despite market volatility. However, trading volume has dropped from $40 billion in early February to under $19 billion, raising concerns about sustained buying pressure.

For XRP to maintain its bullish trend, analysts say a multi-day close above $3 is crucial. If bulls succeed, the next targets will be $3.50 and $5. However, failure to hold above $2.80 could lead to another correction. 

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